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Suzuki Announces $4.2 Million Contingency for 2012

American Suzuki is posting $4.2 million in race contingency for the 2012 U.S. road racing and motocross season. The contingency program is open to amateur and professional racers riding 2011 or 2012 Suzuki GSX-R600, GSX-R750 or GSX-R1000 sportbikes and RM85/85L, RM-Z250 or RM-Z450 motocross racers.

Suzuki Building Second Factory in India

Suzuki announced it will construct a new production facility in Gurgaon, India. The new facility, slated to open 2014, will produce models specifically for India, whose two-wheeled market scooped 13 million units in 2011 and likely more this year. Suzuki already has a facility in Gurgaon which opened in 2006, producing the Access and Swish scooters as well as the Sling Shot Plus and the GS150R (pictured above) motorcycles.

Suzuki Files Chapter 11

From an American Suzuki Motor Corporation press release: AMERICAN SUZUKI MOTOR CORPORATION (“ASMC”) ANNOUNCES RESTRUCTURING AND REALIGNMENT TO FOCUS ON MOTORCYCLES/ATV AND MARINE DIVISIONS ASMC to wind down and discontinue new automobile sales in continental U.S. Consumers will be protected and all warranties will continue to be fully honored BREA, Calif., Nov. 5, 2012 – American Suzuki Motor Corporation (“ASMC” or “the Company”), the sole distributor in the continental United States of Suzuki Motor Corporation (“SMC”) automobiles, motorcycles, all-terrain vehicles and marine outboard engines, today announced that it plans to realign its business to focus on the longterm growth of its Motorcycles/ATV and Marine divisions.